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REPORT: Daimler sells 4% of Tesla to Middle East investment fund just two months after acquiring it
Just two months after buying 9% of Tesla Motors, Daimler has reportedly sold nearly half of that stake. According to Reuters, a 4% percent of the electric car startup is now owned by Aabar Investments, an Abu Dhabi-based investment fund. In a way, the stake is still in the family, since Aabar already bought 9.1 percent of Daimler's stock earlier this year. At the time of its original investment, Daimler and the fund indicated an intention to pursue joint projects in low emissions transportation. Aabar has indicated it would be interested ... Read more →
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REPORT: Daimler sells 4% of Tesla to Middle East investment fund just two months after acquiring it 4 months ago on Autoblog Green
Just two months after buying 9% of Tesla Motors, Daimler has reportedly sold nearly half of that stake. According to Reuters, a 4% percent of the electric car startup is now owned by Aabar Investments, an Abu Dhabi-based investment fund. In a way, the stake is still in the family, since Aabar ...
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